Fractional Ownership: Unlocking Access to High-Value Assets
Fractional Ownership: Unlocking Access to High-Value Assets Fractional ownership is a term that has gained popularity in recent years. It refers to a type of ownership where multiple individuals or groups have a share in a particular asset or property. Fractional ownership can be a great way to invest in expensive assets that would otherwise be out of reach for most people, such as private jets, luxury vacation homes, and yachts. In this article, we will dive deeper into the concept of fractional ownership and explore its benefits, drawbacks, and how it works. What is Fractional Ownership? Fractional ownership is a type of co-ownership where two or more individuals or groups collectively own an asset or property. Each owner holds a fractional interest in the asset, which entitles them to a corresponding share of the ownership rights, benefits, and responsibilities. Fractional ownership is often used for high-value assets such as private jets, yachts, and vacation homes. By pooling th...